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    GMI

    5-10 years
    |
    Regulated in Vanuatu
    |
    Retail Forex License
    |
    MT4/5 full license

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10.00

    Benchmark

    D

    Licenses

    Vanuatu Financial Services Commission

    Retail Forex License

    VFSC Offshore Regulatory

    Financial Conduct Authority

    Investment Advisory License

    FCA Exceeded

    Overview

    • Company Name:

      Global Market Index Limited
    • Company Abbreviation:

      GMI
    • Place of registration:

      GMIUnited Kingdom
    • Regulatory Status:

      Offshore Regulatory
    • Customer Service Email Address:

      cs@gmimarkets.com
    • Customer Service Phone Number:

      +64.9.889.3343
    • Company summary

      GeneralInformation&RegulatorsofGMIGMI(GlobalMarketsIndex)wasestablishedin2009andhasbeenoperatingin8differentcountriesworldwideforoveradecade.GMIhasaccumulatedoveradecadeofexperienceinservingtradersworldwide.GMIisauthorizedandregulatedbytheUKFinancialConductAuthority(licensenumber:677530)andalsoregulatedbytheVanuatuFinancialServicesCommissionoffshore.SafetyAnalysisofGMIGMIiscurrentlyregulatedbytheFCAintheUKandtheVFSCinVanuatuoffshore,sothereremainsacertainsecuritylevel.TheleverageofferedbyGMIisrelativelyhigh,andinvestorsshouldbecarefultousehighleveragetoavoidtherisksoflosingmoney.Moreover,theofficialwebsiteofGMIshowsnodetaileddescriptionofdepositandwithdrawalfees.MarketsInstrumentsGMIsupportsover50commonfinancialinstrumentsrangingfromgoldtoforex,mainlyover40majorcurrencypairs,gold,silver,energy,indices,andcryptocurrencies.Leverage&AccountsofGMIGMIofferstradersastandardaccountwithaminimumdepositof$100,aswellasademoaccountfortraderstopracticetheirtradingstrategiesforfree.Themaximumtradingleverageis1:1000forForex,Gold,Energy,andIndicesand1:20forCryptocurrencies.Spreads&CommissionsofGMITheminimumspreadontheGMIMarketis0.56pipsforEURUSD,0.62pipsforGBPUSD,2.8pipsforUSDJPY,and2.8pipsforUSDCHF.Thespreadsstartat0.6pipsforXAUUSD,2.1pipsforXAUGBP,2.4pipsforUSOil,2.1pipsforUKOil,and0.71pipsforNaturalGas.ThelowestspreadonWallStreetisfrom2.8pips,thelowestspreadonHISHDKisfrom22.3pips,thelowestspreadonBitcoinUSDisfrom48pips,andthelowestspreadonEtherUSDisfrom3pips.TradingPlatformsAvailableofGMIGMIofferstraderstheflexibilitytochoosefromtheMT4tradingplatform,aswellasMT4forAndroid,MT4foriOS,andMT4forPC/Mac.MT4isapopularplatformwithpowerfulchartingtoolsandtechnicalanalysistools,aswellasauser-friendlyinterfacethatisidealfortradersofalllevels.DepositandWithdrawalofGMIGMIwelcomesvariouseasy,secureandfastdepositandwithdrawalmethods,includingbanktransfers.Allaccounttypesacceptbankorelectronictransfers,andGMIdoesnotacceptthird-partywithdrawals.Withdrawalsunder$1000areprocessedimmediatelybyGMI;withdrawalsbetween$1000-$19999requiremanualreviewandaresenttothepaymentproviderforverificationwithin24hours.Withdrawalsover$20,000maytakeupto4businessdays. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.07.30 Risk: 2 Item

    • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 677530)Investment Advisory Licence Non-Forex License, please be aware of the risk!
    • The VanuatuVFSC regulatory with license number: 14646 is an offshore regulatory, please be aware of the risk!

    WikiFX Verification

    Transaction data

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Total Margin

    • Active Trading

    • New User

    • Stop Out Rate

    • Total Profit

    • Total Tnxs

    • Spread Cost

    • Net Deposit

    • Net Withdraw

    Last Updated Time 2021-07

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-07

    User Reviews

    Brokers

    Vanuatu Financial Services Commission

    Vanuatu Financial Services Commission (VFSC)

    The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.

    • Licensed Institution :

      Global Market Index Limited

      Effective Date :

      2019-11-02
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      14646 VFSC View Certified Documents
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      Global Market Index Limited

      Effective Date :

      2015-11-23
    • Email Address of Licensed Institution :

      info@gmimarkets.co.uk

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.gmimarkets.co.uk

      Expiry Date :

      --
    • Address of Licensed Institution :

      1 PoultryLondonLondonEC2R 8EJENGLAND

      Phone Number of Licensed Institution :

      4402038905100
    • Licensed Institution Certified Documents :

      汇金集团 FCA牌照更新20190131 View Certified Documents FCA677530牌照210426 View Certified Documents GMI_FCA交易商监管信息表_查询结果 View Certified Documents fandford FCA监管 2020.09.03 View Certified Documents Global Market Index FCA20200702更新 View Certified Documents

    GMI · MT4/5

    Identification Result

      GMI · Website

      Most visited countries/areas

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          GMI· Genealogy

          GMI · Clones

          GMI · Market Analysis

          The data are from WIKI Research    2021.07.30 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

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          GMI · Chart
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          Data Sources WikiResearch 2021.07.30 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          GMI
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
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          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          GMI · Company summary

            General Information & Regulators of GMI

            GMI (Global Markets Index) was established in 2009 and has been operating in 8 different countries worldwide for over a decade. GMI has accumulated over a decade of experience in serving traders worldwide. GMI is authorized and regulated by the UK Financial Conduct Authority (license number:677530) and also regulated by the Vanuatu Financial Services Commission offshore.

            Safety Analysis of GMI

            GMI is currently regulated by the FCA in the UK and the VFSC in Vanuatu offshore, so there remains a certain security level. The leverage offered by GMI is relatively high, and investors should be careful to use high leverage to avoid the risks of losing money. Moreover, the official website of GMI shows no detailed description of deposit and withdrawal fees.

            Markets Instruments

            GMI supports over 50 common financial instruments ranging from gold to forex, mainly over 40 major currency pairs, gold, silver, energy, indices, and cryptocurrencies.

            Leverage & Accounts of GMI

            GMI offers traders a standard account with a minimum deposit of $100, as well as a demo account for traders to practice their trading strategies for free. The maximum trading leverage is 1:1000 for Forex, Gold, Energy, and Indices and 1:20 for Cryptocurrencies.

            Spreads & Commissions of GMI

            The minimum spread on the GMI Market is 0.56 pips for EURUSD, 0.62 pips for GBPUSD, 2.8 pips for USDJPY, and 2.8 pips for USDCHF. The spreads start at 0.6 pips for XAUUSD, 2.1 pips for XAUGBP, 2.4 pips for USOil, 2.1 pips for UKOil, and 0.71 pips for Natural Gas. The lowest spread on Wall Street is from 2.8 pips, the lowest spread on HIS HDK is from 22.3 pips, the lowest spread on Bitcoin USD is from 48 pips, and the lowest spread on Ether USD is from 3 pips.

            Trading Platforms Available of GMI

            GMI offers traders the flexibility to choose from the MT4 trading platform, as well as MT4 for Android, MT4 for iOS, and MT4 for PC/Mac. MT4 is a popular platform with powerful charting tools and technical analysis tools, as well as a user-friendly interface that is ideal for traders of all levels.

            Deposit and Withdrawal of GMI

            GMI welcomes various easy, secure and fast deposit and withdrawal methods, including bank transfers. All account types accept bank or electronic transfers, and GMI does not accept third-party withdrawals. Withdrawals under $1000 are processed immediately by GMI; withdrawals between $1000 - $19999 require manual review and are sent to the payment provider for verification within 24 hours. Withdrawals over $20,000 may take up to 4 business days.


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.